Central Asia: Glass Electrical Insulator Market 2024

Glass Electrical Insulator Market Size in Central Asia

The Central Asian glass electrical insulator market dropped remarkably to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a deep contraction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Glass Electrical Insulator Production in Central Asia

In value terms, glass electrical insulator production contracted sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt setback. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Glass Electrical Insulator Exports

Exports in Central Asia

In 2022, glass electrical insulator exports in Central Asia surged to X units, increasing by X% against the year before. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, glass electrical insulator exports soared to $X in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Kazakhstan (X units) was the major exporter of glass electrical insulators, generating X% of total exports. It was distantly followed by Uzbekistan (X units), constituting a X% share of total exports.

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

In value terms, Kazakhstan ($X) remains the largest glass electrical insulator supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with an X% share of total exports.

In Kazakhstan, glass electrical insulator exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, stabilizing at the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Glass Electrical Insulator Imports

Imports in Central Asia

In 2022, glass electrical insulator imports in Central Asia declined notably to X units, waning by X% against the previous year. Over the period under review, imports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, glass electrical insulator imports shrank dramatically to $X in 2022. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan represented the key importer of glass electrical insulators in Central Asia, with the volume of imports accounting for X units, which was near X% of total imports in 2022. Uzbekistan (X units) held the second position in the ranking, distantly followed by Mongolia (X units), Tajikistan (X units) and Kyrgyzstan (X units). All these countries together took near X% share of total imports. Turkmenistan (X units) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Tajikistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Tajikistan ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Tajikistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Mongolia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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